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Inflation Fighters Boosted by Falling Prices and Growth
A batch of positive economic signs boosts inflation fighters. Commodity prices, including corn, wheat, cocoa, and cotton, have fallen, wholesale prices eased, and productivity rose 4.7 percent in Q1. Banks cut rates or held them steady, while oil imports stabilize and wage demands stay moderate. If the trend continues, consumer inflation could ease and stock markets may benefit. In Missouri, Leah Brock McCartney became the first Black member of the Public Service Commission, taking an oath with Chairman James Mulvaney sworn in for a full term.
MENTIONED IN THIS ARTICLE
John Cunniff
NEW York
Lance
Jefferson City
Leah Brock McCartney
University City
Missouri Public Service Commission
McCartney
Kinloch
Joseph P. Teasdale
PSC
James P. Mulvaney
Robert Donnelly
Missouri Supreme Court